Housing Wire
SEPTEMBER 16, 2024
The country’s largest wholesale lender, United Wholesale Mortgage (UWM), has launched a broker training program that will teach individuals to become licensed mortgage originators. Dubbed “BrokerX,” the five-week program will provide existing brokers with a “streamlined solution” for training and licensing new talent without the use of their own training team.
Keeping Current Matters
SEPTEMBER 16, 2024
A shift is underway in the housing market this season.
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Housing Wire
SEPTEMBER 16, 2024
In 2024, the United States has already battled a year of extremes from tornadoes, hurricanes and flash flooding. Watery catastrophes have become far more and condo flooding is on the rise. September tends to be the most active month of the hurricane season. Of storms recorded in the Atlantic over time, over one-third have formed during September. The immense flooding that occurs during storm season can lead to evacuations and widespread power outages as we continue to feel the increasing severit
Real Estate News
SEPTEMBER 16, 2024
Using the “one-third” formula, the plaintiffs’ lawyers are asking for more than $225 million from the two commissions settlements, plus other expenses.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Housing Wire
SEPTEMBER 16, 2024
Recipients of the federal Social Security benefits program are on track to receive a 2.5% cost-of-living adjustment (COLA) in 2025, a smaller increase than in recent years as the bite of inflation loosens its grip. A forecast released last week by The Senior Citizens League (TSCL) arrived just ahead of an expected cut to benchmark interest rates by the Federal Reserve as economic data shows inflation beginning to come closer to the Fed’s target of 2% annually.
Real Estate News
SEPTEMBER 16, 2024
The cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
SEPTEMBER 16, 2024
The Obamas lived in the apartment from 1993 to 2005. The home is now being sold by Grammy-award-winning jazz singer Kurt Elling and his wife, Jennifer Elling.
Housing Wire
SEPTEMBER 16, 2024
Keller Williams ‘ legal worries just got a little lighter. On Friday, the real estate franchisee and the plaintiffs’ counsel in the Mcfarlane suit reached a settlement agreement for the lawsuit related to the firm’s recently abandoned changes to its profit-sharing program. In an email, Keller Williams confirmed that this agreement settles all of the breach-of-contract lawsuits filed against it by attorneys at the law firm of Humphrey, Farrington & McClain PC.
Inman
SEPTEMBER 16, 2024
Real estate teams are here to stay. Follow Up Boss cuts through the confusion and offers clarity through customer-led education.
Housing Wire
SEPTEMBER 16, 2024
The James Dwiggins -helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a brief filed last week. The filing does not note how much NextHome has agreed to pay or what, if any, business practice changes it will implement.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
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Inman
SEPTEMBER 16, 2024
Whether you’re negotiating on behalf of buyers or sellers, face-to-face or on Zoom, these 10 tips will help you be a better negotiator in a time when negotiation has never been more critical, Bernice Ross writes.
Housing Wire
SEPTEMBER 16, 2024
Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America. In a filing in the Sitzer/Burnett suit on Friday, the class counsel notified the court that it wants one-third of the $679.275 million settlement amount from the two parties, which equals roughly $226.425 million.
Inman
SEPTEMBER 16, 2024
The super-narrow house in Boston's North End has long been associated with lore of two brothers fighting over property rights around the Civil War, but newly scrutinized archival documents shows that the tall tale may be erroneous.
Housing Wire
SEPTEMBER 16, 2024
At the end of August, Guild Mortgage announced a suite of products under the name “ Flex Payment Mortgage ,” which includes Home Equity Conversion Mortgage ( HECM ) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. Jim Cory, managing director of Guild’s reverse division, previously spoke with HousingWire ’s Reverse Mortgage Daily (RMD) about that rebranding initiative and what the division is keeping in mind following Guild’s acquisition
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Inman
SEPTEMBER 16, 2024
In the wake of the Aug. 17 deadline, a rising share of agents told the Inman Intel Index that they were frustrated with industry trade groups and have considered leaving the industry. But will this all blow over?
Bigger Pockets
SEPTEMBER 16, 2024
Learn how to find the best real estate markets by analyzing local economies, population trends, and infrastructure to make smart, profitable investments.
Inman
SEPTEMBER 16, 2024
This September, generate a supernova of change, and prepare to thrive well before 2025 arrives using these time management strategies from trainer Rachael Hite.
Bigger Pockets
SEPTEMBER 16, 2024
Banks are feeling pressure from the federal government to fund affordable housing projects, and they're pushing back. But in the middle of the fight is a possible profitability route for investors.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
RIS Media
SEPTEMBER 16, 2024
With just shy of $1 billion in a still-growing settlement fund, lawyers who worked on the Burnett case are renewing their bid to have a judge approve one-third of the amount paid by HomeServices of America and the National Association of REALTORS® (NAR) as their fee, with an additional $16 million to cover out-of-pocket expenses.… The post Burnett Attorneys Request $226M From Settlements appeared first on RISMedia.
Bigger Pockets
SEPTEMBER 16, 2024
Are we finally at the end stages of this harsh housing market?
RIS Media
SEPTEMBER 16, 2024
Staying motivated in the real estate business can be a challenge, especially when it comes to prospecting. It’s easy to feel overwhelmed or uninspired, but staying on track is crucial for your success. Whether you’re a seasoned agent or just starting out, there are strategies you can adopt to keep yourself motivated, even when you… The post From Doldrums to Deals: Keeping Your Prospecting Spirits High appeared first on RISMedia.
Bigger Pockets
SEPTEMBER 16, 2024
Your small town might be the best place to invest in real estate, even if it’s got only a few thousand residents.
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
RIS Media
SEPTEMBER 16, 2024
As the real estate industry works to implement rule changes triggered by the National Association of REALTORS®’ (NAR) Aug. 17 mandate, further disruption potentially lies ahead as the future of the Clear Cooperation Policy (CCP) hangs in the balance. Last week, the MLS Technology and Emerging Issues Advisory Board held its regularly scheduled meeting on… The post Ruling on Future of Clear Cooperation Punted to October appeared first on RISMedia.
Bigger Pockets
SEPTEMBER 16, 2024
When you start investing in real estate, you’re often driven by the promise of financial windfalls and impressive returns.
Estate Agent Today
SEPTEMBER 16, 2024
Homebuyers are set to get a boost from today as the pricing of two-year fixed rate mortgages finally falls below 4%.
RIS Media
SEPTEMBER 16, 2024
Left to right: Erika Leonard, Fiona Byrne, Scott Perkins, Tyler Szumada, Alexis Bandera and Kim Vaccaro. As a partner at Realty ONE Group Empower, in Buffalo, New York, Scott Perkins stands as a cornerstone of expertise and integrity within the local real estate market. With an impressive tenure in the industry, Perkins has consistently upheld… The post Trainer Skills Boost Realty ONE Group Empower Leader in Buffalo appeared first on RISMedia.
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Estate Agent Today
SEPTEMBER 16, 2024
The prime London sales market suffered from an unsettled summer but the level of discounts is at least declining, research suggests.
RIS Media
SEPTEMBER 16, 2024
Canopy REALTOR® Association has announced the promotion of Michele L. McCaskill, Esq. to General Counsel and Association COO. She previously served as VP of Risk Management and Assistant General Counsel. As General Counsel, Canopy stated that McCaskill will serve as the chief legal officer to all Canopy entities including Canopy Realtor® Association, Canopy MLS and… The post Canopy REALTOR® Association Promotes Michele L.
Estate Agent Today
SEPTEMBER 16, 2024
Opinion seems split over whether the property market is set for a boom or blip.
HomeLight
SEPTEMBER 16, 2024
Homeowners across the U.S. have watched their home values soar by nearly 50% in the past four years. As a result, you might be sitting on a significant amount of home equity, and you’re not alone — U.S. homeowners collectively hold around $32 trillion in equity. If you’re planning to make home improvements, consolidate debt, or cover other expenses, you may be wondering, “How do I get a home equity loan?
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